The (AUDUSD) price rose slightly in its last intraday trading, after it declined in its previous trading due to the stability of the critical resistance at 0.6620, this resistance represents a supported target in our previous forecast, to gather its positive strength temporarily, which might help it to breach this resistance. The price succeeded in offloading its clear overbought conditions on the (RSI), and positive signals began to appear, which adds more bullish momentum, amid the dominance of the bullish trend on the short-term basis and its trading alongside a biased line.
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The (USDCAD) price rose in its last intraday trading, amid the attempts to breach the current resistance level at 1.3865, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for this track, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), intensifying the positive momentum around the price.
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The (USDJPY) witnessed fluctuated trading in its last intraday levels, amid its trading alongside minor bearish bias on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of the price recovery on the near-term basis, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, intensifying the negative pressure on the price.
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The (GBPUSD) price declined in its last intraday trading, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure that comes from its trading above EMA50, on the other hand, we notice the emergence of the negative signals on the (RSI), after it succeeded in offloading its oversold condition, which obstacles the price recovery temporarily.
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